Tompkins Financial Co. (NYSEAMERICAN:TMP) Shares Bought by Signaturefd LLC

Signaturefd LLC grew its holdings in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP) by 366.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 490 shares of the financial services provider’s stock after purchasing an additional 385 shares during the period. Signaturefd LLC’s holdings in Tompkins Financial were worth $30,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of TMP. LVW Advisors LLC bought a new position in Tompkins Financial during the fourth quarter valued at about $246,000. SG Americas Securities LLC boosted its stake in Tompkins Financial by 31.3% during the fourth quarter. SG Americas Securities LLC now owns 3,718 shares of the financial services provider’s stock valued at $224,000 after buying an additional 887 shares in the last quarter. Tompkins Financial Corp boosted its stake in Tompkins Financial by 1.6% during the fourth quarter. Tompkins Financial Corp now owns 1,181,017 shares of the financial services provider’s stock valued at $71,133,000 after buying an additional 18,305 shares in the last quarter. Massmutual Trust Co. FSB ADV bought a new position in Tompkins Financial during the fourth quarter valued at about $27,000. Finally, Numerai GP LLC bought a new position in Tompkins Financial during the third quarter valued at about $419,000. 69.11% of the stock is owned by institutional investors and hedge funds.

Tompkins Financial Stock Performance

TMP opened at $47.32 on Friday. The company has a market cap of $681.88 million, a PE ratio of 100.68 and a beta of 0.67. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.90. Tompkins Financial Co. has a 1 year low of $43.09 and a 1 year high of $65.54.

Tompkins Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 17th. Shareholders of record on Friday, May 10th will be given a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a yield of 5.16%. This is a boost from Tompkins Financial’s previous quarterly dividend of $0.52. The ex-dividend date is Thursday, May 9th. Tompkins Financial’s dividend payout ratio is 510.64%.

Insider Buying and Selling at Tompkins Financial

In related news, Director Ita M. Rahilly purchased 1,982 shares of the stock in a transaction on Tuesday, February 20th. The shares were purchased at an average cost of $50.46 per share, for a total transaction of $100,011.72. Following the completion of the transaction, the director now directly owns 8,454 shares of the company’s stock, valued at approximately $426,588.84. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 4.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on TMP shares. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $50.00 price target (down previously from $55.00) on shares of Tompkins Financial in a research report on Friday. StockNews.com upgraded Tompkins Financial to a “sell” rating in a report on Friday, January 12th.

Tompkins Financial Company Profile

Tompkins Financial Corporation, a financial holding company, provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services. The company operates through three segments: Banking, Insurance, and Wealth Management. It accepts various deposit products, including checking and savings accounts, time deposits, and IRA products, as well as brokered, reciprocal, and municipal money market deposits.